5120 Linbar Dr Nashville, TN 37211
Fairlane NeighborhoodEstimated payment $3,161/month
Total Views
718
--
Bed
--
Bath
2,200
Sq Ft
$248
Price per Sq Ft
Highlights
- No HOA
- Tile Flooring
- Wall Furnace
- Cooling System Mounted To A Wall/Window
About This Home
Turnkey investment opportunity in a high-demand South Nashville location—5120 Linbar is a fully occupied quadplex featuring four 1-bedroom, 1-bath units with strong rental performance and low maintenance. Two of the four units have been renovated within the past year, and all units offer desirable features including wood-burning fireplaces, washer/dryer hookups, electric wall heat, window A/C units, and recently updated kitchen appliances. Tenants pay their own water and electricity, and there is no gas service—keeping operational costs low. A new roof was installed in November 2024, offering long-term peace of mind. With 100% occupancy, great unit-level amenities, and a prime location near I-24, Harding Place, and Haywood Lane, this property is a strong cash-flowing asset. The neighboring quadplex at 5104 Linbar—fully renovated and also fully rented—is available for purchase, offering a rare chance to own all 8 units on the same street. Please do not contact or disturb the wonderful tenants.
Listing Agent
Realty One Group Music City Brokerage Phone: 6154360712 License #341393 Listed on: 07/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,366
Year Built
- Built in 1983
Lot Details
- Lot Dimensions are 62 x 130
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- 2,200 Sq Ft Home
- Property has 2 Levels
Flooring
- Tile
- Vinyl
Schools
- Haywood Elementary School
- Mcmurray Middle School
- John Overton Comp High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 14802010400
Community Details
Overview
- No Home Owners Association
- 4 Units
- Century Center Park Subdivision
Building Details
- Operating Expense $5,171
- Gross Income $50,988
- Net Operating Income $45,817
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,366 | $72,720 | $15,680 | $57,040 |
| 2023 | $2,366 | $72,720 | $15,680 | $57,040 |
| 2022 | $2,366 | $72,720 | $15,680 | $57,040 |
| 2021 | $2,391 | $72,720 | $15,680 | $57,040 |
| 2020 | $1,439 | $34,080 | $9,400 | $24,680 |
| 2019 | $1,075 | $34,080 | $9,400 | $24,680 |
| 2018 | $0 | $34,080 | $9,400 | $24,680 |
| 2017 | $1,075 | $34,080 | $9,400 | $24,680 |
| 2016 | $2,487 | $55,080 | $9,400 | $45,680 |
| 2015 | $2,487 | $55,080 | $9,400 | $45,680 |
| 2014 | $2,487 | $55,080 | $9,400 | $45,680 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $544,900 | +14.2% | $248 / Sq Ft |
| 03/14/2022 03/14/22 | Sold | $477,000 | -2.2% | $217 / Sq Ft |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- |
| 01/08/2022 01/08/22 | For Sale | $487,500 | -- | $222 / Sq Ft |
Source: Realtracs
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Lockeland Law Group Plc | |
| Quit Claim Deed | -- | Lockeland Law Group Plc | |
| Warranty Deed | $477,000 | Tennessee National Title | |
| Quit Claim Deed | -- | None Available | |
| Corporate Deed | $91,000 | None Available | |
| Trustee Deed | $156,374 | None Available | |
| Warranty Deed | $185,000 | Multiple | |
| Special Warranty Deed | $125,000 | Bankers Title & Escrow Corp | |
| Trustee Deed | $152,428 | -- | |
| Quit Claim Deed | -- | Saturn & Mazer Title Svcs In | |
| Warranty Deed | $175,000 | Saturn & Mazer Title Svcs In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $381,600 | New Conventional | |
| Previous Owner | $685,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $800,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $150,139 | Unknown | |
| Previous Owner | $148,000 | Unknown | |
| Previous Owner | $112,500 | No Value Available | |
| Previous Owner | $122,500 | No Value Available | |
| Previous Owner | $32,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Realtracs
MLS Number: 2939127
APN: 148-02-0-104
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